Hello Folks!!

Welcome back to Cryptobuzz Today, your one-stop shop for all the news that has made headlines for Bitcoin, Ethereum, and the major altcoins over the last twenty-four hours. Let's take a look.

Another rumour about bankruptcy or does it have any Base (like Coinbase)? Huobi?🤔

PayPal becomes the latest to join the stablecoin club. 'Welcome PYUSD!!!🤗

Bitcoin breaches all time high of long term holders. Cheers!!!🥂

"There will be multiple approvals for bitcoin spot ETFs". What makes Cathie Wood so sure?😱

And there is a German bakery that accepts bitcoin!!! What more do we need as Bitcoiners!!!😋😋

1. Huobi is insolvent? 

The biggest news from the crypto-forest is a really scary one. Not only does it pose a threat to Huobi, but it also threatens the biggest stablecoin USDT. What makes it even more interesting is that Justin Sun is also present in the mess of events or rumours.

Read the entire news 'Crypto's Next Crisis'?

2. PayPal joins the Stablecoin Club

Payments giant PayPal has launched its fully backed stablecoin. In a press release PayPal mentioned that Stablecoins have the potential to transform the payment system digitally and addressing this potential, PayPal launched its stablecoin,  1:1 pegged to US Dollar. 

Read the Press Release from Paypal

3. Bitcoin's Long Term Holdings are at All Time High

The recent on chain data marks that the value of bitcoin holdings are at its peak. As reported by Coindesk Bitcoin long term holders now control nearly 14.6 Million BTC. 

Bitcoin's Long-Term Holders Now Control Nearly 14.6M BTC: Glassnode

4. Watch Cathie Wood is so Optimistic about Bitcoin ETFs

5. German Bakery accepting Bitcoin

Stay tuned for more..........

This article appears daily on publish0x.com and takes only 2 to 5 minutes to digest all the latest news around the cryptocurrency space.

 

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